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Brettdale,Just imagine: someone wanted 192 million shares (this...

  1. Dratoz
    1,677 Posts.
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    18/01/10
    13:27
    Post #: 6214920
    Brettdale,
    Just imagine: someone wanted 192 million shares (this is just tranche 2 of the placement). If they wanted to purchase that many shares on the merket, would they get them at an average price of 15.5c? No way. This is why they negotiated a deal.
    RED Price at posting: 15.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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